JTP Professional Service Corporation

Analysis

JTP Professional Service Corporation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, JTP Professional Service Corporation reported income of $8.0m and spending of $4.2m, leaving 48% of income unspent that year. Across the 3 years on record, from July 2021 to July 2023, income grew from $607k to $8.0m (+1212%), an average of +262% a year. The sharpest change came in the year to July 2022, when income rose by 412%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, JTP Professional Service Corporation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MN. Charities of a similar size with the same main cause include Pierce County Accountable Community of Health ($8.0m), Copd Foundation Inc ($8.0m) and Phoenix Rising Behavioral Healthcare and Recovery Inc ($8.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $120k (2.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.3m against liabilities of $296k, net assets of $5.0m. It reported 27 employees.